Subprime lending

The mural "Going to The Olympics, 1984" by Frank Romero, was made in 1984 and put in Hollywood Freeway (101) North between Alameda and San Pedro St. to symbolize his historic point of view of going to the Olympics. The picture had five cars in the order of the color of the Olympics rings from left to right, a blimp with the writing "A GOODYEAR" on it, an iron, two silhouettes of people fighting, a horse, a stamp, five hearts on top of each car, and four palm trees. The mural has been mostly…

How did the Paramount Decision alter the direction of film making? United States v. Paramount Pictures, Inc., also known as the Hollywood Antitrust Case of 1948, greatly altered the future of filmmaking in several ways. This ruling was the result of all of the major studios being sued by the United States Department of Justice in 1938 for unfair trade practices. As the result of this ruling, the major movie studios were forced to do away with block-booking of short films, reduce the…

According to any situation there are two aspects, whether it is “Utilitarian” or “Deontological” from the two points of view whether from the bank’s view or the clients. As mentioned in the previous ethical situation, the client who proposed to the bank with two different balance sheets, he thought that the bank won’t mind to accept his loan and the balance sheet as they would know that businesses don’t prefer to pay too much taxes. From the Bank point of view this is an unethical situation…

SWOT ANALYSIS The SWOT analysis is an analytical tool used to identify the internal strengths, weaknesses as well as external opportunities and threats of the Airbnb company. Table below shows the SWOT analysis for Airbnb company: STRENGTHS WEAKNESSES  An excellent customer-centric service operation 24/7.  Well recognized brand and a trendy public image.  Large number of users: 20 million in database and still growing from time to time.  Lower prices compared to hotels, and additional income…

Many organizations will only consider filing for bankruptcy as a last resort. They will struggle very hard to pay their creditors. Yet, sometimes bankruptcy is inevitable because of the stringent economic times being experienced. Recessions have resulted in the declaration of bankruptcy by many and this has led to an increase in the demand for bankruptcy lawyer services. Bankruptcy is defined as being unable to offset your debts. It is fully recognized by the law and some countries even have…

Ricardo dashes off. Aristotle and Immanuel Kant begin to drink their alcoholic beverages. ARISTOTLE: I swear no one remembers my ethical view. I said in the past that “only the best flute players”(292) are allowed to play it. The same view should be applied in everywhere else. Only the best bankers should be doing the loans. If the only the banks have the best bankers, this would have never happened. IMMANUEL KANT: I’m sorry to say this but I have to disagree with you on that. First off “in…

Due to its unethical actions by creating thousands of fake accounts, Wells Fargo was fined $185 million in penalties. “Federal and state investigators found that the bank boosted its sales figures by secretly opening the accounts — then funding them by transferring money from customers' authorized accounts without their knowledge or permission.” (McCoy, 2017) Moreover, an independent review of the organization was conducted in August, 2016, “which examined more than 165 million retail banking…

Flood Insurance Homebuyers as a rule must buy homeowners' insurance operator on the arrangement once bringing out a contract ahead their property. However, standard homeowners' insurance operator doesn't blanket flooding, so mortgage holders in danger must buy flood insurance firm. Purchasers ought to further bolstering do their homework for flood insurance, since there are a few myths Furthermore Confusions over this item. Shoppers must buy Private flood insurance operator; One as a relatable…

Analyzing The Big Short The whole housing market is built like a giant Jenga tower. The AAA mortgages are at the top of the tower while the BBB’s are the lowest base of the tower. The AAA’s and AA mortgages were to make so much money that the extra money was to trickle down to the BBB’s at the base. This information is in the book The Big Short: Inside the Doomsday Machine written by Michael Lewis. He has written many best-selling non-fiction books like Moneyball and The Blind Side both were…

In an interview with Butler in 1999,she explains why she wrote about a company like KSF. She is speculating what might happen if poor minorities and immigrants in the United States continue to be pushed to the margins of society. “I wrote the way I did about education in the two novels because I kept hearing or reading such contempt for public education, and at the same time such enthusiasm for the building and filling of more and more prisons”. America itself is becoming a company town,…